Pure Professionals Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 09035041 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2016

for

Pure Professionals Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

D J Stevens

Mrs A K Davies

REGISTERED OFFICE:

12 Whiteladies Road

Clifton

Bristol

BS8 1PD

REGISTERED NUMBER:

09035041 (England and Wales)

FIXED ASSETS

Intangible assets

2

49,500

55,500

Tangible assets

3

657

2,922

50,157

58,422

CURRENT ASSETS

Stocks

5,159

1,408

Debtors

49,191

15,222

Cash at bank

21,470

8,563

75,820

25,193

CREDITORS

Amounts falling due within one year

4

63,811

44,788

NET CURRENT ASSETS/(LIABILITIES)

12,009

(19,595

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

62,166

38,827

CREDITORS

Amounts falling due after more than one
year

4

(61,875

)

(20,000

)

PROVISIONS FOR LIABILITIES

(132

)

(584

)

NET ASSETS

159

18,243

CAPITAL AND RESERVES

Called up share capital

5

100

Profit and loss account

59

18,143

SHAREHOLDERS' FUNDS

159

18,243

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 20 December 2016 and were signed on its behalf
by:

D J Stevens - Director

Mrs A K Davies - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

60,000

AMORTISATION

At 1 April 2015

4,500

Amortisation for year

6,000

At 31 March 2016

10,500

NET BOOK VALUE

At 31 March 2016

49,500

At 31 March 2015

55,500

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

3,596

Additions

239

Disposals

(2,746

)

At 31 March 2016

1,089

DEPRECIATION

At 1 April 2015

674

Charge for year

560

Eliminated on disposal

(802

)

At 31 March 2016

432

NET BOOK VALUE

At 31 March 2016

657

At 31 March 2015

2,922

4.

CREDITORS

Creditors include an amount of £ 69,375 for which security has been given.

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

100

Ordinary

£1

100